2014 Will Bring More Social Collapse Paul Craig Roberts 2014 is upon us. For a person who graduated from Georgia Tech in 1961, a year in which the class ring showed the same date right side up or upside down, the 21st century was a science fiction concept associated with Stanley Kubrick’s 1968 film, “2001: A Space Odyssey.” To us…

Dear Readers, thank you for your support in 2013. Although you have kept me working past retirement age, I find it encouraging that there are some Americans who can think independently and who want to know. As Margaret Mead said, it only takes a few determined people to change the world. Perhaps some of you will be those people. My…

Manipulations Rule The Markets Paul Craig Roberts The Federal Reserve’s announcement on December 18 that beginning in January its monthly purchases of mortgage-backed financial instruments and US Treasury bonds would each be cut by $5 billion is puzzling, as is the financial press’s account of the market’s response. The Federal Reserve conveys a contradictory message. The Fed says that improvements…

Washington Has Discredited America Paul Craig Roberts Years ago when I described the George W. Bush regime as a police state, right-wing eyebrows were raised. When I described the Obama regime as an even worse police state, liberals rolled their eyes. Alas! Now I am no longer controversial. Everybody says it. According to the UK newspaper, The Guardian, the Chancellor…

Dear Readers, you have kept your end of the bargain, and I will keep mine. Washington Drives the World Toward War Paul Craig Roberts Washington has had the US at war for 12 years: Afghanistan, Iraq, Somalia, Libya, Pakistan, Yemen, and almost Syria, which could still happen, with Iran waiting in the wings. These wars have been expensive in terms…

Dear Readers, Readership has doubled, but donations in response to the current quarterly request are less than when the site had far fewer readers. Perhaps I have had my 15 minutes of fame and it is time to retire. Writing these columns does not benefit me. I already know the information that I provide to you, and the establishment has…

PCR Interviewed by RT’s Erin Ade, December 3, 2013 “In the Keynesian model, if consumers save more than investors invest, unemployment rises. Larry Summers’ prescription for negative real interest rates is to penalize consumers for saving. This argument is a justification for increasing Quantitative Easing, that is, printing more money with which to purchase more bonds. http://goo.gl/GK3TpU

Dear Readers: This is our quarterly appeal for your support. Remember, this is your site. The site will continue as long as you support it. There is no advertising on this site, and there is no political, social, economic, or ideological agenda associated with this site. This site offers information and explanations that are independent of self-serving agendas. I am…

The Money Changers Serenade: A New Plot Hatches Paul Craig Roberts Former Treasury Secretary Timothy Geithner, a protege of Treasury Secretaries Rubin and Summers, has received his reward for continuing the Rubin-Summers-Paulson policy of supporting the “banks too big to fail” at the expense of the economy and American people. For his service to the handful of gigantic banks, whose…

Guest Column by Uri Avnery “Senator after Senator, Congressman after Congressman comes forward to support the Israeli government against their own president. The same people who jumped up and down like string puppets when Netanyahu made his last speech before both houses of Congress, try to outdo each other in assertions of their undying loyalty to Israel. “This is now…

The Dying Dollar Federal Reserve and Wall Street Assassinate US Dollar Since 2006, the US dollar has experienced a one-quarter to one-third drop in value to the Chinese yuan, depending on the choice of base. Now China is going to let the dollar decline further in value. China also says it is considering undermining the petrodollar by pricing oil futures…

The Kennedy Assassination (November 22, 1963) 50 Years Later Paul Craig Roberts November 22, 2013, is the 50th anniversary of the assassination of President John F. Kennedy. The true story of JFK’s murder has never been officially admitted, although the conclusion that JFK was murdered by a plot involving the Secret Service, the CIA, and the Joint Chiefs of Staff…

A Funeral Notice for Osama bin Laden was published on December 26, 2001, in the Egyptian newspaper al-Ward. An English translation is provided below. Anyone fluent in Arabic is invited to verify or correct the translation. This item was sent to me from a reader abroad. Also below are is a CNN interview with its medical correspondent who examines the…

King World News Interviews PCR on Jobs Report and Dollar Problem I did not write about the jobs report last week, but I was interviewed by King World News about the jobs report. You can read the two-part interview below. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/11/11_Dr._Paul_Craig_Roberts_-_Massive_Propaganda_%26_Coverup.html http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/11/10_Former_US_Treasury_Official_-_Americas_Breathtaking_Crash.html

Confessions of a Quantitative Easer by Andrew Huszar Dear Readers: For years I have reported that the Federal Reserve’s policy of Quantitative Easing, that is, bond purchases in order to support bond prices, is not an economic policy directed at helping the economy recover from the financial crisis caused by financial deregulation and irresponsible gambling and fraud by large banks…

What Is The Real Agenda Of The American Police State? Paul Craig Roberts In my last column I emphasized that it was important for American citizens to demand to know what the real agendas are behind the wars of choice by the Bush and Obama regimes. These are major long term wars each lasting two to three times as long…

How America Was Lost Paul Craig Roberts “No legal issue arises when the United States responds to a challenge to its power, position, and prestige.” Dean Acheson , 1962, speaking to the American Society of International Law. Dean Acheson declared 51 years ago that power, position, and prestige are the ingredients of national security and that national security trumps law.…

The US Treasury prize, the Euro’s demise, and Facebook lies w/Paul Craig Roberts The US Treasury prize, the Euro’s demise, and Facebook lies w/Paul Craig Roberts I created this video with the YouTube Video Editor (http://www.youtube.com/editor)

Some people are gifted. Chris Floyd is one of them. Ashes to Ashes: The Downward Arc of the American Dream http://www.chris-floyd.com/component/content/article/1-latest-news/2356-ashes-to-ashes-the-downward-arc-of-the-american-dream.html

http://www.counterpunch.org/2013/11/05/an-interview-with-paul-craig-roberts/print ￼ This copy is for your personal, non-commercial use only. CounterPunch NOVEMBER 05, 2013 Escape From The Dollar An Interview with Paul Craig Roberts by MIKE WHITNEY Paul Craig Roberts thinks the Fed has backed itself into a corner. A rise in interest rates would strengthen the dollar, give the dollar new life as world reserve currency, and halt…

Fate of Dollar is the Fate of US Power PCR interviewed by Greg Hunter, USA Watchdog http://usawatchdog.com/fate-of-dollar-is-the-fate-of-u-s-power-dr-paul-craig-roberts/ “The whole question of the dollar’s longevity depends on the willingness of other countries to continue holding dollars and dollar denominated assets while the Federal Reserve prints a trillion dollars a year to prop up the big banks and to finance the federal…

Note: The reports of missile destruction to which Shamir refers might be newspaper fantasy. Regardless, the main point of Shamir’s article seems to be correct. Obama did stand down. The opposition of Russia supported by China, the British Parliament, and the UN and the lack of enthusiasm for another war on the part of the American people, Congress, and NATO…

Toronto Star on Eve of Cheney Canada Visit: Arrest Him http://digitaljournal.com/article/361212 Why stop with Cheney? What about Bush himself and John Yoo. The case is strong that every member of the Bush/Cheney and Obama regimes is a criminal.

Is Paul Krugman a Voodoo Economist? Paul Craig Roberts Readers ask me if Paul Krugman could be correct that deficits don’t matter and that neither does printing endless reams of money with which to purchase the Treasury’s debt instruments that finance the deficits. If people at home and abroad who hold dollars and dollar denominated financial instruments do not care…

Dear readers, Xinhua is a news agency of the Chinese government. The Chinese government sees Washington as a largely spent power. Liu Chang puts Washington’s loss of uni-power status very concisely. After you read the official commentary (below), read Jeff J. Brown’s commentary on Liu Chang’s report. http://44days.net/blog/?p=64 Jeff Brown is an American citizen who has worked in Africa, the…

Ignored Reality Is Going To Wipe Out The Human Race Paul Craig Roberts To inform people is hard slugging. Everything is lined up against the public being informed, or the policymakers for that matter. News is contaminated by its service to special interests and hidden agendas. Many scientists or their employers are dependent on federal money. Even psychologists and anthropologists…

Gold Wars I do not know what role facts, evidence, or a desire to know the truth any longer play in American lives. This article http://www.alternet.org/media/most-depressing-discovery-about-brain-ever?paging=off confirms my experience as a scholar, journalist, public policy maker, and corporate director. The vast majority of people believe what they want to believe. Facts and evidence have little to do with it. People…

More on the Osama bin Laden “killing” A reader, Ole Ullern from Norway, sent in this information regarding the range of the Chinook CH-47F helicopter that allegedly made the round trip from Bagram to Abbotabad and returned with bin Laden’s body. According to Google Earth, the round trip distance (straight line) is 700 km. High mountains between the two sites…

Dear readers: This is not the quarterly request for donations. It is a reminder that this is your site, and it will stay up as long as you support it. As Ye Sow, So Shall Ye Reap Paul Craig Roberts The year 2014 could be shaping up as the year that the chickens come home to roost. Americans, even well-informed…

A Potpourri Week-end reading list Paul Craig Roberts The Man Who Usurped The Constitution Just as you think the Republicans have destroyed themselves with their government shutdown/default antics, along comes Obama and appoints a fascist murderer head of Homeland Security. RT http://rt.com/usa/obama-jeh-johnson-dhs-378/ reports that Jeh Johnson, a drone proponent and the Pentagon General Counsel who authorized the unconstitutional extrajudicial murder…

The American economic crisis of the 21st century is becoming worse. Wall Street and the multinational US corporations have offshored millions of US jobs that provided middle class incomes. Americans who lost these jobs have experienced dramatic reductions in their incomes and access to medical care. They have used up their savings and now have to sell parts of their…

“Pakistan TV Exposes bin Laden Killing Hoax” and Documentary Exposes 9/11 Official Story” Original Bashir interview that contradicts Washington’s account of killing bin Laden A website in the UK, themindrenewed.com, that downloaded the video from the link in my original report of the Pakistani TV interview with Mohammad Bashir has posted the interview with the original English subtitles. You can…

Stand Up Americans Paul Craig Roberts In less than 2 days, if the Treasury secretary can be believed, the Treasury will not have enough money to pay all its bills and will have to prioritize. This doesn’t mean default, as interest on Treasury bonds, notes, and bills will be right up there with the military and NSA. If Washington defaults…

Guest Column — Glenn Greenwald All the proof that you need that you cannot trust the mainstream media “The Perfect Epitaph for Establishment Journalism” http://www.theguardian.com/commentisfree/2013/oct/14/independent-epitaph-establishment-journalism/print

Update Oct.15, 2013 (Reuters) – Shares in Royal Mail peaked 48 percent above their privatisation price on Tuesday as a committee of MPs said it planned to summon bankers and the business minister to a parliamentary inquiry into the sale. The government, which last week priced the hugely oversubscribed sale of the near 500-year-old postal service at 330 pence per…

The Man Who Died Twice and Other Myths PCR interview with Julian Charles, UK, The Mind Renewed http://themindrenewed.com/interviews/2013/334-int-32 Dr. Paul Craig Roberts returns to the Podcast for a detailed analysis of the claimed “assassination” of Osama bin Laden by US Navy SEAL Team 6 in 2011, and to discuss the many disturbing questions surrounding the suspicious deaths of that Team…

What Happens If The Shutdown Causes The Treasury To Run Out Of Money Paul Craig Roberts In a speech to the Commonwealth Club, San Francisco, November 23, 2010, Peter Dale Scott gave a history of the various directives concerned with government continuity during a state of emergency. He showed that these directives could be used to supersede the Constitution. http://www.globalresearch.ca/continuity-of-government-is-the-state-of-emergency-superseding-our-constitution/22089…

US Policymakers Are Hammering a Land Mine Statistician John Williams of Shadowstats.com is an expert on government economic statistics. If you have a need or desire to know what the real unemployment, inflation, and GDP growth rates are, whether real median income and retail sales are rising or falling, and whether the housing recovery is real of hyped, subscribe to…

Dear Readers, normally this would be in the Guest section, but it is too good not be be on the home page. Watch Glenn Greenwald Tear a BBC Pressitute to pieces http://www.informationclearinghouse.info/article36423.htm

‘US financial crisis deeper than debt ceiling’ http://www.presstv.ir/detail/2013/10/03/327346/us-crisis-far-deeper-than-debt-ceiling/ October 2, 2013. Press TV has conducted an interview with Paul Craig Roberts, a former assistant secretary of the US Treasury from Atlanta, to share his opinions on the shutdown of the US government following the worsening economic situation in the country.

The Real Crisis Is Not The Government Shutdown Paul Craig Roberts The inability of the media and politicians to focus on the real issues never ceases to amaze. The real crisis is not the “debt ceiling crisis.” The government shutdown is merely a result of the Republicans using the debt limit ceiling to attempt to block the implementation of Obamacare.…

Guest column from the Ron Paul Institute for Peace and Prosperity Human Rights Watch is a propaganda agency for the US government. http://ronpaulinstitute.org/archives/featured-articles/2013/october/02/mother-agnes-mariam-attackedby-human-rights-watch!.aspx

Obamacare Is Another Private Sector Rip-Off Of Americans The private sector allied with government is a second IRS Paul Craig Roberts The government of the “world’s only superpower,” the “exceptional,” the “indispensable” country, claims to know what is best for Syria, Iraq, Afghanistan, Libya, Yemen, Pakistan, Somalia, Mali, Russia, Venezuela, Bolivia, Ecuador, Brazil, China, indeed for the entire world. However,…

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